I often wonder this as well, but I see with the growth profile they are aiming for A$1B revenue in 3-5 years in which case they would be benefitting from economies of scale and the margins should improve.
In my view it's becoming a trusted brand - as a personal anecdote, my wife orders from the online store and the furniture arrives in around two days.
Also I wouldn't be surprised if some of the bigger players are taking interest.
Ann: Half Year Results & Trading Update, page-9
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Last
$9.71 |
Change
0.180(1.89%) |
Mkt cap ! $1.152B | |||
| Open | High | Low | Value | Volume |
| $9.48 | $9.78 | $9.44 | $1.701M | 176.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 789 | $9.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.78 | 1345 | 1 |
View Market Depth
| Last trade - 16.10pm 10/06/2024 (20 minute delay) ? |
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Last
$9.72 |
Change
0.180 ( 1.87 %) |
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| Open | High | Low | Volume | ||
| $9.59 | $9.76 | $9.46 | 38430 | ||
| Last updated 15.59pm 10/06/2024 ? | |||||
| TPW (ASX) Chart |